116 Dr. Martin Luther King Jr Ave Inverness, FL $ 289,900
116 Dr. Martin Luther King Jr Ave
$ 289,900
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116 Dr. Martin Luther King Jr Ave

Inverness, FL, 34450
$ 289,900
Bedrooms-- Baths--

Monthly Estimate*

$ 1,809

116 Dr. Martin Luther King Jr Ave, Inverness, FL 34450 - Image 1
116 Dr. Martin Luther King Jr Ave, Inverness, FL 34450 - Image 2
116 Dr. Martin Luther King Jr Ave, Inverness, FL 34450 - Image 3
116 Dr. Martin Luther King Jr Ave, Inverness, FL 34450 - Image 4

Commercial Property for sale in Inverness, FL

for $289,900. The lot size is 0.37.

Positioned in the heart of Downtown Inverness, this vacant commercial parcel offers unmatched visibility directly adjacent to the Citrus County Sheriff’s Office and across from the Citrus County Courthouse. Zoned Central Business District (CBD), the site supports multi-story development of up to 70 feet / six stories, making it an ideal canvas for a wide range of projects. Highlights: Perfect for multi-family residential, retail, or professional office use Site-ready with flat, mostly cleared land and an existing curb cut Located in desirable X flood zone with 80% impervious surface ratio allowance Prime views overlooking Henderson Lake, Liberty Park, and the historic courthouse—ideal for rooftop venues or penthouse concepts This rare downtown opportunity combines flexible zoning, walkable amenities, and outstanding development potential.

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Commercial Active

Price

$ 289,900

Property Type

Commercial

Taxes

$ 0

Style

Land

Lot Size

0.37

Town/City

Inverness

County/Region

Citrus

MLS | Web ID

255403

Features
General
Status Active Active
Bathrooms 0
Stories Count 0
Class COMMERCIAL/INDUSTRIAL
Type Land
Area 30 - All Other Areas
Legal Description TOWN OF INVERNESS PB 1 PG 36 LOT 3 BLK 107
Bank/Corporate Owned? No
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Exterior
Lot Size Area 0.37
Lot Dimensions 100 x 162.5
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* Excluded Features
List By
Coldwell Banker Premier Properties (A1a Beach)

Broker

rich.obrien@thepremierproperties.com

Email

Affordability Calculator

$1,809
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,809
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1995662 Elementary School
1995546 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/23/2025$289,900 Listed Price

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116 Dr. Martin Luther King Jr Ave, Inverness, FL, 34450 is a Commercial Property for sale at $289,900 with a lot size of 0.37. The property's zip code is 34450 which is in Inverness, FL